Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 14.62 to 12.06 12.77 (27.73%) . .
Intermediate 12.82 to 12.06 . . 12.77 (93.42%)
Short 12.2 to 12.77 . . 12.36 (71.93%)